LaSalle Investment Management promotes Andy Watson to new role as CIO for Continental Europe
LONDON January 20, 2015 – LaSalle Investment Management has promoted Andy Watson to the newly-created role of Chief Investment Officer for Continental Europe as the firm continues its expansion in the region.
Mr. Watson, who is currently Managing Director for Continental Europe, will focus on investment performance for the firm in the region, and be responsible for investment strategy, underwriting, investment decision-making and new product development. In addition, he will manage the portfolio management teams across the continent. Mr. Watson will also chair the Continental Investment Committee.
LaSalle has also created the new roles of country heads for Germany and France to help build the firm’s business in Europe. Claus Thomas will become Country Head for Germany, having previously been responsible for capital raising in German speaking countries, Italy and Spain, while Karim Habra, who previously managed the firm’s central and eastern European platform, will become Country Head for France.
Mr. Watson will retain responsibility for all of LaSalle’s other country platforms across continental Europe - in central and eastern Europe, the Netherlands, Spain, Italy and the Nordic nations. All three report to Simon Marrison, LaSalle Investment Management’s European Chief Executive.
Mr. Marrison said: “I am delighted with the appointments of Andy, Claus and Karim. LaSalle Investment Management has seen strong growth in Europe in recent years, as investors increasingly see well-managed real estate as a central part of their portfolio. This change to our organizational structure on the Continent will enable us to better serve our existing and future investor clients, improve our focus on growth in our major markets and give us greater consistency of execution across all the countries we work in.”
Mr. Thomas and Mr. Habra will manage the existing operations in France and Germany, growing and building the local business both by focusing on domestic clients and by attracting international capital.
Mr. Thomas has worked for LaSalle or its parent, Jones Lang LaSalle, since 1991. Most recently, he was a Client Executive in the Client Capital Group responsible for all clients in German speaking countries, as well as Italy and Spain.
Since joining in 2012, Mr. Habra has managed the firm’s central European platform based in Prague. He was educated in France, and will be moving back to Paris, joining the European Management Board.
There are two other changes to the continental European team. David Ironside, who was previously responsible for the Continental European Acquisitions teams will now be responsible for large-scale investments on a continent-wide basis as well as working closely with German investors investing internationally. Meanwhile Chris Zeuner will replace Mr. Habra to become head of LaSalle’s central and eastern European business.
About LaSalle Investment Management
LaSalle Investment Management, Inc. (together with its global investment advisory affiliates, “LaSalle”) is one of the world’s leading real estate investment managers. LaSalle on a global basis manages approximately $58 billion as of Q4 2017 of private and public equity and private debt investments. LaSalle’s diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments. LaSalle Investment Management, Inc. is a wholly-owned, operationally independent subsidiary of Jones Lang LaSalle Incorporated (NYSE: JLL), one of the world’s largest real estate companies. For more information please visit www.lasalle.com.
This information is based on the market analysis and expectations of LaSalle and should not be relied upon by the reader as research or investment advice regarding LaSalle funds or any issuer or security in particular. The information presented herein is for illustrative and educational purposes and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy in any jurisdiction where prohibited by law or where contrary to local law or regulation. Any such offer to invest, if made, will only be made by means of a private placement memorandum. Past performance is not indicative of future results.